Given the Following Vector of State Probabilities and the Accompanying

question 66

Short Answer

Given the following vector of state probabilities and the accompanying matrix of transition probabilities, find the next period vector of state probabilities.
(0.4 0.4 0.2)

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Definitions:

Unusual Requests

Requests that are out of the ordinary, unexpected, or not typical.

Physical Distance

The measurable space between objects or individuals, often influencing social interaction and communication.

Authority's Proximity

Refers to the physical or perceived closeness of an individual to a figure or institution of authority.

Legitimate Authority

The rightful or morally justified power held by an entity or individual, which is recognized and followed by others.